MARCHEX INC — Director's Dealing 2019

Sep 27, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MARCHEX INC (MCHX)
CIK: 0001224133
Period of Report: 2019-09-26

Reporting Person: CLINE DENNIS (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-09-26	Class B Common Stock	A	15000	$0.01	Acquired	116760	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-09-26	Non-Qualified Stock Option (right to buy)	$3.26	A	20000	Acquired	2029-09-26	Class B Common Stock (20000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	28500	Indirect
Class B Common Stock	10000	Indirect

Footnotes

F1: Restricted stock award effective September 26, 2019 (the "Grant Date") with 50% of such shares vesting on the first and second annual anniversary of the Grant Date, assuming continued service on the Board for such period and with vesting in full of all such restricted shares upon a Change of Control (as defined in such reporting person's restricted stock agreement).

F2: Reporting person disclaims beneficial ownership.

F3: Option grant effective on the Grant Date with 50% of such options vesting on the first and second annual anniversary of the Grant Date assuming continued service on the Board for such period and with vesting in full of all such options upon a Change of Control (as defined in such reporting person's option agreement).